Why Congress Must Stop the Fed’s Massive Pumping
If it were possible to lift real economic growth by means of money pumping, world poverty would have been eradicated a long time ago.
Booms and Busts
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Why Congress Must Stop the Fed’s Massive Pumping
What is required is purging the economy of various false activities that severely undermine its ability to generate real wealth.
One Cheer for Paul Krugman, or Why the Bubble Economy?
Instead of permitting the necessary economic adjustments to be made in the wake of this unsustainable boom, the political classes — and their court economists — insist on even more government spending, more debt, and more destruction of the dollar.
Yes, Greenspan Did It
The Austrians (including me) who predicted these problems based on Greenspan's low-interest-rate policy know of course that the main cause was that low-interest-rate policy, with his numerous bailouts of failed financial institutions also creating a moral hazard that encouraged risky behavior.
The Dollar: Where’s It Headed?
1996 Mises Institute Supporters Summit, San Francisco, California; February 9-10, 1996.
Madoff as Metaphor
Many people were outwitted by Madoff. Many more people are today being outwitted by the government and its central bank. And it will all end in disgrace and disaster, only on a far, far grander scale.
New Eras, Old Fallacies: The Fed and the Coming Recession
1998 Mises Institute Supporters Summit, Palm Springs, California; February 27-28, 1998.
Government’s Role in Banking Crises Around the World
Recorded at the Toronto Stock Exchange; September 16-17, 1999.
The Rise and Fall of the Japanese Miracle
Recorded at the Toronto Stock Exchange; September 16-17, 1999.
